Did European politicians succumb to pressure from Silicon Valley and its powerful lobbying machine when they voted down a measure which would have rewarded publishers and artists? This week’s Tech Tent explores the surprise victory for the opponents of the EU copyright directive which ended up being sent back to the drawing board.
It’s rare that a vote in the European Parliament prompts widespread outrage by social media users, academics, and technology leaders all at once. But as the EU tried to transform its copyright laws for the digital age, that’s exactly what happened – and MEPs rejected the directive on copyright.
NEW DELHI (Reuters) – The Competition Commission of India (CCI) has approved the acquisition of U.S. seed major Monsanto Co by Bayer AG, in a decision that moves the $62.5 billion deal a step closer to the finish line.
Bengaluru: Walmart Inc. has sought the approval of India’s anti-trust regulator for its $16-billion acquisition of Flipkart, according to a regulatory filing. In a filing sent to the Competition Commission of India that was sourced by paper.vc, Walmart said its proposed buyout of Flipkart did not create any competition concerns and that the pecking order of the broader retail market in India remains unaffected by the deal.
Walmart and Flipkart have written to the Competition Commission of India ( CCI) about their transaction and have stated that the relevant market for their combination is in B2B sales. Walmart and Flipkart announced on May 9 that the Bentonville-headquartered company will take over 77% of the Indian e-commerce company for $16 billion.
NEW DELHI/MUMBAI (Reuters) – Google has appealed against a ruling by India’s competition watchdog that found it guilty of “search bias”, while the website that brought the case also challenged the outcome, complaining the online search giant had got off too lightly.
NEW DELHI: Online search giant Google has filed an appeal at the National Company Law Appellate Tribunal (NCLAT) against a judgment from India’s competition watchdog that found it guilty of “search bias”, two sources aware of the matter told Reuters. The appeal was filed on Monday, one of the sources said.
New Delhi: Clamping down on unfair trade practices in pharma business, the Competition Commission has imposed a total penalty of over Rs 12 lakh on two Gujarat- based chemists groupings. The two associations are Chemists and Druggists Association of Baroda ( CDAB) and Federation of Gujarat State Chemists & Druggists Association.